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Cash continues to be the most frequently utilized payment method at points of sale throughout the Eurozone, representing 52% of all transactions. Points of sale accounted for 58% of all daily payments in 2024.
According to the European Central Bank’s (ECB) 2024 survey on consumer payment preferences in the Eurozone, cash remained the predominant payment method at points of sale. However, its share declined by 7% over a two-year period. In terms of value, cards emerged as the most significant payment instrument, holding a 45% share, compared to cash transactions, which represented 39%.
Cash was primarily utilized for transactions under €50, while cards were favored for higher-value purchases.
For online payments, cards also led, accounting for 48% of transactions. Digital payment solutions, including digital wallets and mobile applications, made up 29% of online payments.
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62% of respondents indicated access to instant payments, with 45% utilizing the service in 2024. The Netherlands distinguished itself with 88% of respondents having access to instant payments.
The adoption of crypto-assets in the Eurozone experienced significant growth, increasing from 4% in 2022 to 9% in 2024. Slovenia (15%) and Greece (14%) reported the highest ownership rates.
Most crypto-asset holders use them primarily for investment purposes:
- the Netherlands: 90% for investments, 2% for payments;
- Germany: 82% for investments, 6% for payments;
- France: 57% for investments, 25% for payments;
- Lithuania: 30% use crypto-assets for both investments and payments.
According to research by the British Retail Consortium, the U.K. experienced a continued increase in cash usage for the second consecutive year, with debit cards remaining the most common payment method.
Сообщение Money Stays Most Fashionable Technique for Each day Funds in Eurozone появились сначала на CoinsPaid Media.
